2026-01-20 05:27:54

Tariff disputes stir the market. Trump's trade policies toward the EU have kept global financial markets on edge, and the crypto market has not been spared—BTC dropped 2.7% in a short period, falling near $92,800, while ETH returned to the $3,190 level. Within 24 hours, the entire network experienced a liquidation wave of $875 million, sweeping out short positions.

However, there is an interesting contrast. While retail investors are still panicking and closing positions, on-chain data reveals a different scene—within the $92,000-$93,000 range, institutional buying is clearly accelerating. Major players like MicroStrategy are not hesitating; they continue to accumulate BTC. The RWA (Real-World Asset Tokenization) locked-up scale in the Ethereum ecosystem remains firmly at $34 billion, showing that capital's attitude is more honest than words.

Market dynamics are also diverging. Altcoins like SOL and DOGE are leading the decline with drops exceeding 5%, some even worse. In contrast, blue-chip cryptocurrencies like BTC and ETH show strong resilience, with limited declines despite some pullbacks. This is a typical risk asset revaluation period, and the market is voting with its feet.

The key question is: can the price stabilize at $92,000 this time? The frequent institutional buy-ins at this price range indicate they see value. But whether this is truly a golden opportunity or just the beginning of a large short trap remains uncertain—the market has yet to give a definitive answer. Perhaps the next move will become clearer through the interaction of on-chain data and liquidation scales.

BTC-2,88%

ETH-6,16%

RWA-1,48%

SOL-4,84%

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TokenomicsDetective

· 10h ago

Retail investors are starting to cut their losses again, while institutions are secretly celebrating at 92,000. Institutions are really ruthless, panic on our side while they are accumulating at the bottom. Can 92,000 hold? Honestly, no one knows; it all depends on how the liquidation data unfolds. Altcoins have taken a severe hit this time, but blue chips are still blue chips. Tariffs are really a good excuse, giving big players a chance to accumulate. MicroStrategy is still accumulating, I believe it.

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SatsStacking

· 10h ago

Retail investors cut losses while institutions accumulate, I've seen this trick too many times As long as MicroStrategy is still accumulating, I feel reassured. Following big funds is never wrong Can 92,000 be stable? Honestly, I have no confidence. Let's wait for on-chain data to give the answer SOL has dropped so sharply, it feels like someone is about to get liquidated again. No one should be too arrogant in this round If institutions dare to take over, it indicates real value, but I will still wait for a clearer signal before acting

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AlwaysQuestioning

· 10h ago

Institutions are疯狂 buying at 92K, while retail investors are still cutting losses. The gap is really right there. Is 92,000 a trap or a real opportunity? Let's wait for on-chain data to tell. How are there still people buying the altcoin dip of over 5%? It's safer to just hold BTC. MicroStrategy isn't panicking, so why should we? RWA locking in 34 billion to stabilize shows that smart money's attitude is very firm. Is this a golden trap or a bigger trap? Seems like we need to watch for a couple more days. When retail investors close positions, institutions are always the ones buying. What did the short position bought with 875 million yield? A rebound or further dip? If it drops back from 92,800, and there's so much liquidation, where's the resilience? Altcoins plummet, blue chips remain steady, the market is doing some pruning. The tariff farce is causing disruptions, but Bitcoin isn't that fragile. Institutions frequently buy around 92K—are they really optimistic or just numb? SOL and DOGE lead the decline—are they clearing out floating positions? Next, we need to watch the scale of liquidations and how on-chain data interacts—it's quite interesting.

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DeadTrades_Walking

· 10h ago

Institutions are eating up chips at 92K, while retail investors are cutting losses here. The difference is truly significant. Anyway, I can't tell if this is a golden pit or a trap, so I'll just wait for on-chain data to give a clear answer. SOL has fallen this much, which is reasonable; blue chips are indeed resilient. Wait, MicroStrategy is still accumulating? Then I need to see its next move. Honestly, it's still a gamble on the institutions' judgment. Since they are buying crazily at this price, they can't all be fools, right? This round of decline is really about filtering out who truly believes and who is just here for the chives. RWA holding steady at 34 billion—this detail is quite interesting; the capital flow is still pretty honest. I don't know if 92,800 is stable, but anyway, retail investors have fled while institutions have entered. The game rules haven't changed all along.

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StableNomad

· 10h ago

ngl, the retail capitulation into institutional accumulation at 92k is giving major UST vibes... except this time the bags actually have fundamentals. statistically speaking, when microstrategy's still loading the boat during tariff chaos, that's either the smartest move or the most expensive lesson.

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